May 10, 2013

Dave’s Homemade Powerade

I often meet up with a good friend of mine that I’ll call Dave. You rarely see Dave without his trusty bottle of Powerade at his side. He seems to thrive on the stuff. […]

Higher Home Ownership Linked to Higher Unemployment

American culture has long promoted the idea that home ownership is key to the fulfilling middle-class lifestyle. You can be sure the National Association of Realtors will continue to do its darnedest to keep this interpretation of the American Dream alive; whether you’re buying or selling, it’s always a good time for Realtors to earn their livings. […]

How Much Impact Does a Tiny Extra Payment Have on Your Mortgage?

Let’s look at a “typical” mortgage. Right now, the average American mortgage is $235,000, so let’s use that as our baseline. The Seattle Times reports that, right now, the average 30 year fixed mortgage rate is 3.42%. So, let’s use those numbers. […]

Students, Get Ahead by Getting a Job This Summer

When it’s time for summer vacation, smart students know that it isn’t a time to lay around and waste a few months, but rather the time to find a job. At least a job to help you make it through the summer or maybe help cover some college bills. […]

Your Take: Is Cleverness a Crime?

Here’s an interesting question – is taking advantage of an exploitable bug in something inherently illegal? By luck and lots of playing, John Kane discovered a bug in the Game King video poker gaming system (this is true of all systems, not a single unit, in which certain settings were turned on) that would give him a significant advantage. […]

Ask the Readers: What will make you feel financially secure?

If you’re a regular reader of Get Rich Slowly, you are focused on getting out of debt, saving, retirement goals – all of those money issues we all deal with. But at what point would you or do you feel financially secure? I think my own sense of financial security came once I had paid off all of my debts (excluding my mortgage) and had enough money to save a chunk each month. […]

Getting Your Money Back Without Losing Your Friendship

Whenever you lend money to friends or family, there’s a decent chance you won’t see that dough again. One reason could be that expectations and repayment terms weren’t discussed beforehand — for which the giver and receiver are both at fault — but another reason could be that the person to whom you lent money just isn’t courteous, which is not your fault at all. […]

Best Money Tips: Ways to Save on Wine

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on ways to save on wine, career strategies of high earners, and things you can do to live a happier life. Top 5 Articles 10 Ways to Save on Wine — Are you a wine drinker? Buying by the case and avoiding imported wines can help you save money! […]

The cost of clean water

This post, written by Aaron Brandt, comes to us from our partner site QuickenLoans.com. In order to survive, we need water. However, the water we drink could actually harm us. According to the Center for Disease Control and Prevention, tap water can contain contamination from natural chemicals and minerals, viruses, bacteria, parasites, pesticides and even sewage overflow. […]

Coming to Terms With Your Long-Term Debt

Investopedia.com defines "long-term debt" as loans and financial obligations lasting one year or more. Think home mortgages, student loans, and car loans. Since the 2008 housing crisis and ensuing recession, many families have taken on greater debt loads to cope with the volatile economy. […]

Reader Profile: CR

The following is the latest post in my "Reader Profiles" series. Each post in this series details the financial situation and challenges of an FMF reader. […]

Mortgage Payoff Progress End of April 2013

My wife an I are working hard to achieve our goal of paying off our mortgage early. As of May 2013, my wife and I will have lived in our home for 3 years and 2 months. We have a conventional, fixed-rate, 15-year mortgage. Our goal is to pay off our mortgage in less than ten total years. As of May 1, 2013, we will have made 38 regular, monthly mortgage payments. We have also made several additional […]